The clear message from businessmen | El claro mensaje de los empresarios

Editorial, El Deber:

A difficult 2024 and a lack of clarity regarding government actions to confront it is what private entrepreneurs grouped in the Chamber of Industry and Commerce (Cainco) and the Confederation of Private Entrepreneurs of Bolivia observe. Both institutions agreed on several concerns during the presentation of their end-of-year messages. And that is the face that is not shown in the messages of President Luis Arce and the ministers of the economic area.

As a summary of the past year, businessmen identify that the economy has been affected by the lack of dollars, the increase in production costs; smuggling and the lack of effectiveness in combating it; informality; the country’s low international credit ratings; excessive oversight of the private sector, among other problems.

Politically, both institutions observe that the confrontation and blockades have affected the national economy. The criticism goes to the Movement Towards Socialism and also to the opposition parties. The first because they believe that politics won over management and ideology was more powerful than actions to improve the country. To the latter, because they believe that they play to their own interests rather than building consensus.

From the Confederation of Businessmen they criticize the excessive successism of the Government versus the pessimism of other sectors. They do not refute that Bolivia has the lowest inflation and unemployment rates, but they talk about the cost that this means for the country and the labor emergency that exists due to the precariousness of employment.

However, the Confederation of Private Entrepreneurs welcomes the opening of spaces for dialogue between the private sector and the Government; while Cainco believes that the private parties were summoned only for the photo, without providing solutions and background support for the production.

What they do agree on is the lack of signs to improve the current situation. Cainco does not see how, objectively, the dollars needed to buy fuel and other supplies will be obtained. In turn, the country’s businessmen consider that the problems can surpass us if timely measures are not taken. In this case, they demand greater firmness from the Government, but always within the framework of respect for democracy.

The positions of the private sector are forceful and are made at the end of the worst year for Net International Reserves; the year in which an important bank disappeared, when dollars became scarce with no solution to date. It has also been a management year with growing informality in the economy and smuggling that is choking the national industry and that is not fought with determination either on the borders or in the cities.

Nothing is definitive or irremediable, as long as the national government is capable of listening to the voice of those who produce the most in the country. Yes, finally, the proposals can be addressed and links established that allow us to get out of the difficult moment of the economy. Successism erodes the image of the president who had built his prestige as a good Minister of Economy in good times.

It is clear that not everything is macroeconomics, that employment and inflation indicators do not make up the daily lives of Bolivians who feel less and less liquidity in their pockets.

Given the fall in hydrocarbons and the slow start of lithium exploitation, manufacturing and the non-traditional sector must be promoted, which is where thousands of entrepreneurs can contribute.

Beyond ideology, there are almost 12 million Bolivians who want to live well. The Government can take a turn, join efforts and guarantee that 2024 and 2025 will be better than this year that is ending.

Leave a comment